Liberty Media Corp. has agreed to buy almost 16.3 million shares of Home Shopping Network stock under its expired tender offer, boosting its stake to 41.5%, Liberty said Friday.
Matsushita Electric Industrial Co. Ltd., parent of MCA/Universal, reported a dramatic drop in profits for its fiscal year, buffeted by a difficult world economy.
Key stock prices moved to a record high for a second day, and the Dow Jones Industrial Average gained 23.25 to close at 3523.28.
2016-2017 Oscar Predictions
Union politicking is expected to heat up this summer within the ranks of the Writers Guild of America, West, as members prepare for a September election that could well be nasty in nature, with the…
Overseeing his first annual shareholders meeting as the sole topper of Time Warner, Gerald Levin stepped out of the shadow of the late Steve Ross Thursday at the Apollo Theater in Harlem, offering…
News Corp. announced completion of its new $ 3 billion revolving credit facility through a group of 27 banks in Australia, Europe and the U.S., said to be final step in company's plan to strengthen…
Ronald O. Perelman's the Andrews Group, acting through its Four Star Intl. subsidiary, has acquired a 50% stake in privately held syndicator Genesis Entertainment.
Sony is beginning to resemble a classic case of the tail wagging the dog. Despite continued drops in earnings for the corporate parent, Sony's Hollywood-based entertainment arm pitched in nearly half…
Viacom prez Frank Biondi said Wednesday his company's cable systems are opposed to paying retransmission consent money to broadcasters but that Viacom TV stations might ask for retrans coin from…
Toni Cook, long considered the favorite to be President Clinton's choice as the next chairman of the Federal Communications Commission, may not be a shoo-in for the job after all.
A Delaware judge ruled late Wednesday not to block the closing of a tender offer by Liberty Media Corp. to buy 15 million shares of Home Shopping Network at $ 7 a share.